ConvaTec Group PLC (OTCMKTS:CNVVY – Get Free Report) was the recipient of a significant increase in short interest in May. As of May 15th, there was short interest totaling 2,799 shares, an increase of 515.2% from the April 30th total of 455 shares. Based on an average daily volume of 48,205 shares, the days-to-cover ratio is presently 0.1 days.
ConvaTec Group Price Performance
CNVVY stock opened at $10.92 on Friday. The firm has a fifty day moving average price of $11.70 and a 200 day moving average price of $12.34. ConvaTec Group has a fifty-two week low of $10.56 and a fifty-two week high of $16.65.
About ConvaTec Group
ConvaTec Group is a global medical products and technologies company focused on developing therapies and technologies for the management of chronic health conditions. The company’s portfolio spans four core business areas—Advanced Wound Care, Ostomy Care, Continence & Critical Care, and Infusion Devices—which are designed to improve patient outcomes and enhance quality of life for people living with long-term health challenges. ConvaTec’s product range includes proprietary wound dressings, ostomy and continence management systems, and safety-engineered infusion sets.
Headquartered in Reading, United Kingdom, ConvaTec serves customers in over 100 countries through a network of manufacturing, distribution, and customer support operations.
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